Commentary

It was hailed as a great step forward for Connecticut's biotechnology industry. Passed in October 2011, S.B. 1401 established the Connecticut Bioscience Collaboration Program. The focal point was the Jackson Laboratory for Genomic Medicine, specifically its relocation to Connecticut from Maine and the subsequent construction of a research facility. The building will be at the University of Connecticut Health Center campus in Farmington. Jackson Laboratory's business objective is to develop person- alized medicine through genomics, with treatments tailored for individual patients based on their genetic makeup.

The legislation approved $291 million in state spending over 10 years. Funding includes $192 million to build the research center, and another $99 million to subsidize research operations during this period. Because of financing over 20 years, an additional $153 million will be spent on interest. The center will create 300 direct positions within 10 years. Many more jobs are expected to be created through spinoff companies and increased economic activity through retail operations. Genomic medicine is a growth industry that shows no signs of slowing.

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